Kraft Heinz Poised for In-line Q3 Results, RBC Says

12:08 PM EST, 11/02/2026 (MT Newswires) -- Kraft Heinz (KHC) is heading into Q3 earnings with improving US market share trends, its single most important monitoring point, RBC said in a note Monday. The results are due Nov. 4. The note pointed to risks from commodity inflation and consumer pressure amid the positive trends, expecting Q3 to be broadly in line with consensus. The report said the risk/reward profile continues to look favorable heading into the quarter amid an overwhelmingly negative investor sentiment on the stock. "Improvements at KHC have become evident, but our due diligence would suggest the bulk of these benefits is likely to manifest in 2027 and beyond," the note said. RBC has an outperform rating and a $32 price target. Price: 24.58, Change: +0.23, Percent Change: +0.97